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Golden May

Compared to May 2021, the gold price in euro terms is around 24 percent higher today.

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From a statistical point of view, May is the second-best month in the course of the year. In the calculation, the last day of April counts, and that's when the ounce of gold cost $1,911.30 or 1814.59 euros this year. At the end of April 2021, the price of the precious metal was 1,438.20 euros. This results in an increase of 24 percent (calculated by Goldreporter). May is therefore in second place in the statistics after January. The price of the precious metal made a huge jump of ten percent in 2010, when Greece was facing bankruptcy, because crisis situations have a price-increasing effect. And the world is still in crisis mode. The Covid 19 crisis in China is likely to lead to further supply chain problems and price increases. War and the pandemic are adding costs. At the same time, high energy prices and rising interest rates are causing concern.

Although the gold price fluctuates and left the vicinity of the 2,000 marks, but this should not worry investors, because over a longer period of time the gold price develops positively. Higher commodity costs and general price pressure will be a companion for longer than initially thought, and the Ukraine war will accelerate inflation. Prices are rising not only in advanced economies, but also in developing and emerging markets. All in all, there are many uncertainties and negative influences, so that gold is becoming more and more important as the store of value par excellence. This also applies to the values of gold companies.

Among the producers is Victoria Gold. The Yukon is home to the large Dublin Gulch property with the Eagle and Olive gold projects.

Revival Gold has already intersected up to twelve grams of gold per tonne of rock in drilling at its Beartrack-Arnett gold project in Idaho.

Latest corporate information and press releases from Victoria Gold (www.resource-capital.ch/en/companies/victoria-gold-corp/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/

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